Docucon posts Q1'97 figures

Jul 7, 1997

Docucon (San Antonio, Nasdaq: DOCU, http://www.docucon.com) announces Q1 '97 revenue of $3.2 million. That 37% increase in revenue compares with the $2.3 million reported in Q1 '96. The conversion service bureau reports a net loss of $57,163, which compares with a net income of $4,824 in the first quarter of the last fiscal year. "Profitability continues to be impacted by our continuing investment in the development and marketing of our software product," explains CEO Ed Gistaro.